Honoraria and Budget
1. The Commission will be allocated a preliminary budget of $100,000.
2. $35,000 of the Commission’s budget will be allocated to honoraria paid to the Commissioners: $15,000 to the Chair and $10,000 to each of the other two Commissioners.
3. Spending the discretionary component of the budget will be determined by the Chair in consultation with the City of Vancouver’s Director of Finance.
4. The Commission Chairperson, in consultation with the Director of Finance, will report back to Council with any further financial requirements of the Commission.
CITY OF VANCOUVER TAX POLICY REVIEW COMMISSION, PRELIMINARY BUDGET
Honorarium, Chairperson |
$15,000 |
Honoraria, Other Two Commissions |
$20,000 |
Discretionary Budget |
$65,000 |
Total Budget |
$100,000 |